ROUND ROCK, TX-A long-awaited groundbreaking will take place in the next few days in La Frontera's net.plex corridor. Kennedy-Wilson and Fortis are teaming on their first venture, a 198,000-sf office project.

NEW YORK CITY-What made the 16-story apartment rental attractive was that 75% of the buildings in the area have been converted to cooperative or condominium ownership.

TUCSON-An apartment complex on the city's south side has sold for more than $19,500 per unit.

NEW YORK CITY-Most of the 811,182-sf building, which is 99% leased, is occupied by Mellon Bank. The class-A facility earned a National Preservation Honor Award after if was renovated.